LUNR Slides Nearly 12% As NASA Unveils Roadmap To Establish Moon Base, Scraps Orbital Space Station Plans
3/25/2026
Impact: -60
Industrials
Intuitive Machines Inc. (NASDAQ: LUNR) saw its stock price drop nearly 12% to $17.92 after NASA announced the scrapping of its Gateway lunar space station plans, which LUNR was expected to be a key part of. Despite this setback, the company secured a $180.4 million contract under NASA's Commercial Lunar Payload Services initiative. Additionally, LUNR reported fourth-quarter revenue of $44.78 million, falling short of the $53.68 million analyst consensus estimate, although CEO Steve Altemus anticipates 2025 to be a transformational year for the company.
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